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Picture of Vanuatu

Vanuatu

Vanuatu, consisting of over 80 individual islands, is situated in Oceania. The nation’s exposure to natural hazards, extensive low-lying coastal zone, development context, and precarious natural resource base mean it is amongst the most vulnerable nations to climate change in the world. Vanuatu is vulnerable to the impact of floods, tropical cyclones, and storm surges, which can strike in combination or isolation. Cyclones bring coastal and flash flooding even when passing within the vicinity of the island.

POPULATION:
0.31 Million (2020)
CO2 EMISSIONS PER CAPITA:
0.6 CO2 metric tons (2018)
SOURCE:
World Bank

INVESTING IN VANUATU

Picture of Vanuatu

CIF’s investment in Vanuatu is through its Scaling up Renewable Energy Program (SREP). Vanuatu's $14-million SREP investment plan is targeted at implementing renewable energy interventions to overcome barriers to rural electrification. Challenges include unclear land ownership, regulatory restrictions, high upfront capital costs, and constraints to equipment maintenance and fee collection at remote locations.

This investment plan, targeting 80 percent of the approximately 22,000 dispersed off-grid customers in Vanuatu, is expected to increase access from an estimated 27 percent to 90 percent. To meet the growing energy demand on the islands of Malekula or Espiritu Santo, small hydropower projects are expected to initially meet 100 percent of the baseload demand and relieve the islands' reliance on imported diesel.

SREP INVESTMENT PLAN FOR VANUATU
NO. OF CIF-APPROVED PROJECTS
2
CIF APPROVED FUNDING
$7.8M
Expected Co-financing
$1.56B
  • Chart
  • Table
Sources of Expected Co-financing
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Government
0.2% (3.1M)
MDB
0.32% (5M)
Private Sector
99.48% (1.55B)
SourceData
Government0.2% (3.1M)
MDB0.32% (5M)
Private Sector99.48% (1.55B)
CIF Investments by Program
Loading...
SREP
100% (7.8M)
ProgramData
SREP100% (7.8M)

Data as of December 31, 2023

Country Snapshot

SREP
INVESTMENT PLAN

Vanuatu - Investment Plan | Confirmation of Government Interest
Endorsed by the Sub-Committee on November 18, 2014
 

COUNTRY MISSIONS

Scoping Mission: February 11-14, 2013
Terms of Reference | Transmittal Letter | Completion Report
 

Joint Mission: August 11-14, 2014
Terms of Reference
 

SREP
INVESTMENT PLAN

Vanuatu - Investment Plan | Confirmation of Government Interest
Endorsed by the Sub-Committee on November 18, 2014
 

COUNTRY MISSIONS

Scoping Mission: February 11-14, 2013
Terms of Reference | Transmittal Letter | Completion Report
 

Joint Mission: August 11-14, 2014
Terms of Reference
 

Vanuatu Projects

Picture of SREP in which this project is tagged
project
Scaling Up Renewable Energy Program in Low Income Countries (SREP)
Energy Access Project (Small Hydropower Project)
Picture of SREP in which this project is tagged
project
Scaling Up Renewable Energy Program in Low Income Countries (SREP)
Rural Electrification Project
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